| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||
-18,378 | 19,749 | -14,617 | 67,235 | -82,477 | 10,529 | -474 | 39,922 | -15,687 | 130,406 | -209,647 |
Loss from discontinued operations, net of tax | ||||||||||
0 | -36,328 | -2,595 | 7,313 | -8,605 | 1,072 | 9,611 | - | - | 101,536 | -10,695 |
Income (loss) from continuing operations, net of tax | ||||||||||
-18,378 | 56,077 | -12,022 | 59,922 | -73,872 | 9,457 | -10,085 | - | - | 28,870 | -198,952 |
Adjustments to reconcile net loss to net cash flows from operating activities: | ||||||||||
Depreciation, Depletion and Amortization | ||||||||||
86,986 | 63,987 | 56,343 | 55,204 | 49,791 | 32,180 | 30,522 | 49,332 | 40,069 | 44,894 | 44,360 |
Asset Impairment Charges | ||||||||||
0 | 0 | 35,732 | 0 | 24,613 | 0 | 0 | - | - | - | - |
Impairment of programming assets | ||||||||||
0 | 8,900 | 0 | 0 | - | - | - | - | - | - | - |
Impairment of long-lived assets | ||||||||||
- | - | - | - | - | - | - | - | 9,000 | 0 | - |
Impairment of goodwill, indefinite and long-lived assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | 216,413 |
Loss (gain) on disposition of investments | ||||||||||
930 | -251 | 6,106 | 0 | 0 | - | -3,000 | 0 | 0 | 2,275 | 752 |
Contract termination fees | ||||||||||
- | - | - | - | - | - | - | 5,663 | 0 | 0 | - |
(Gain)/loss on sale of property and equipment | ||||||||||
1,692 | -1,255 | -169 | -480 | -305 | 2,872 | -296 | -474 | 124 | -1,218 | 444 |
Programming assets and liabilities | ||||||||||
-17,900 | 12,788 | 9,172 | 2,327 | - | - | - | - | - | - | - |
Deferred income taxes | ||||||||||
-4,665 | 19,354 | -16,084 | 38,794 | -26,210 | 5,384 | -4,344 | 8,297 | 9,786 | 25,822 | 45,271 |
Excess tax benefits of share-based compensation plans | ||||||||||
- | - | - | - | - | 8,352 | 0 | 4,206 | 5,814 | 9,559 | 372 |
Stock and deferred compensation plans | ||||||||||
14,912 | 10,741 | 15,872 | 10,857 | 9,873 | 6,992 | 5,780 | 8,223 | 7,197 | 8,892 | 7,131 |
Pension expense, net of contributions | ||||||||||
-13,066 | -4,052 | -6,738 | 4,936 | 58,358 | 4,433 | 7,877 | 5,903 | 4,840 | -62,774 | 1,253 |
Liability for withdrawal from GCIU employer retirement fund | ||||||||||
- | - | - | - | - | - | - | 0 | - | - | - |
Increase (Decrease) in Operating Capital | ||||||||||
117,446 | 16,159 | 22,190 | 33,646 | 40,434 | -29,243 | 31,210 | -60,594 | 41,779 | -32,388 | 31,530 |
Miscellaneous, net | ||||||||||
8,927 | 2,645 | -5,619 | 1,677 | 602 | 1,830 | 4,925 | -1,620 | 7,299 | -8,196 | 4,802 |
Net cash provided by (used in) operating activities from continuing operations | ||||||||||
-27,452 | 130,231 | 30,185 | 135,897 | 3,026 | 78,295 | 6,761 | 172,582 | 14,787 | 59,280 | 87,180 |
Net cash provided by operating activities from discontinued operations | ||||||||||
0 | 10,680 | 10,667 | 10,596 | 5,844 | 23,760 | 26,744 | - | - | 6,691 | -8,522 |
Net cash provided by (used in) operating activities | ||||||||||
-27,452 | 140,911 | 40,852 | 146,493 | 8,870 | 102,055 | 33,505 | - | - | 65,971 | 78,658 |
Cash Flows from Investing Activities: | ||||||||||
Acquisitions, net of cash acquired | ||||||||||
1,190,422 | 149,469 | 280,940 | 43,500 | 46,838 | 149,284 | 0 | - | - | - | - |
Acquisition of intangible assets | ||||||||||
24,864 | 7,229 | 9,745 | 0 | 0 | - | - | - | - | - | - |
Change in restricted cash | ||||||||||
- | - | - | - | - | - | -1,800 | 0 | 7,510 | 0 | - |
Acquisitions | ||||||||||
- | - | - | - | - | - | - | 266 | 216,143 | 0 | - |
Proceeds from sale of property and equipment | ||||||||||
- | - | - | - | - | 5,856 | 38 | 511 | - | - | 101 |
Proceeds from sale of property held for sale | ||||||||||
- | - | - | - | 14,500 | 0 | 0 | - | - | - | - |
Additions to property and equipment | ||||||||||
61,043 | 53,253 | 17,932 | 25,911 | 20,788 | 16,300 | 15,857 | 30,210 | 12,183 | 18,241 | 39,453 |
Decrease in short-term investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | -8,950 |
Proceeds from sale of long -term investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 472 |
Purchase of investments | ||||||||||
1,871 | 558 | 836 | 2,128 | 7,658 | 2,652 | 1,575 | 5,066 | 9,045 | 1,673 | 3,366 |
Proceeds from FCC repack | ||||||||||
6,959 | 1,530 | 0 | 0 | - | - | - | - | - | - | - |
Miscellaneous, net | ||||||||||
-6,734 | -2,307 | -12,886 | -147 | -3,300 | -2,007 | -69 | -2,607 | -4,388 | -12,096 | - |
Net cash used in investing activities from continuing operations | ||||||||||
-1,264,507 | -206,672 | -296,567 | -71,392 | -57,484 | -160,373 | -15,525 | -32,424 | -240,493 | -7,818 | -33,296 |
Net cash provided by (used in) investing activities from discontinued operations | ||||||||||
0 | 79,188 | -2,500 | -2,036 | -3,878 | -1,564 | -4,358 | - | - | 162,895 | -297 |
Net cash used in investing activities | ||||||||||
-1,264,507 | -127,484 | -299,067 | -73,428 | -61,362 | -161,937 | -19,883 | - | - | 155,077 | -33,593 |
Cash Flows from Financing Activities: | ||||||||||
Proceeds from issuance of long-term debt | ||||||||||
1,261,175 | 0 | 700,000 | 0 | 200,000 | 0 | 200,000 | 0 | 212,000 | 0 | - |
Payments on long-term debt | ||||||||||
8,728 | 5,656 | 393,927 | 6,635 | 122,406 | 2,000 | 196,100 | 15,900 | 0 | 34,900 | 25,250 |
Deferred financing costs | ||||||||||
31,295 | 0 | 9,671 | 0 | 2,592 | 483 | 2,470 | 993 | 8,871 | 330 | 3,062 |
Dividends paid | ||||||||||
16,374 | 16,395 | 0 | 0 | 59,523 | 0 | 0 | - | - | - | - |
Repurchase of Class A Common shares | ||||||||||
584 | 32,323 | 17,885 | 44,401 | 16,222 | 21,237 | 74,199 | 23,564 | 51,383 | 0 | - |
Proceeds from Stock Options Exercised | ||||||||||
0 | 1,857 | 1,461 | 4,641 | 7,249 | 16,579 | 46,624 | 18,215 | 2,514 | 8,394 | 2,876 |
Tax payments related to shares withheld for vested stock and RSUs | ||||||||||
3,831 | 3,796 | 4,576 | 2,681 | 5,237 | 4,261 | 6,270 | 7,658 | 9,596 | 12,071 | - |
Excess tax benefits from stock compensation plans | ||||||||||
- | - | - | - | - | 8,352 | 0 | 4,206 | 5,814 | 9,559 | 372 |
Miscellaneous, net | ||||||||||
17,463 | 1,316 | -2,840 | -4,258 | 575 | -1,264 | -2,484 | 289 | -1,807 | 314 | -10,972 |
Net cash provided by (used in) financing activities | ||||||||||
1,217,826 | -54,997 | 272,562 | - | - | - | -35,009 | - | - | - | - |
Net cash used in discontinued financing activities | ||||||||||
- | - | - | - | - | - | -110 | - | - | - | - |
Net cash provided by (used in) financing activities from continuing operations | ||||||||||
- | - | - | -53,334 | 1,844 | -4,314 | -34,899 | -25,405 | 148,671 | -29,034 | -36,036 |
Effect of foreign exchange rates on cash and cash equivalents | ||||||||||
-13 | -15 | 0 | 0 | - | - | - | - | - | - | - |
Increase (decrease) in cash and cash equivalents | ||||||||||
-74,146 | -41,585 | 14,347 | 19,731 | -50,648 | -64,196 | -21,387 | 114,753 | -77,035 | 197,243 | 3,812 |
Change in cash discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | 5,229 | -5,217 |
Supplemental Cash Flow Disclosures | ||||||||||
Interest paid | ||||||||||
61,299 | 33,673 | 18,956 | 15,620 | - | - | - | - | - | - | - |
Income taxes paid | ||||||||||
13,183 | 3,729 | 1,756 | 1,100 | - | - | - | - | - | - | - |
Non-cash investing information | ||||||||||
Capital expenditures included in accounts payable | ||||||||||
983 | 693 | 286 | 102 | - | - | - | - | - | - | - |